Agrinews

March 7, 09:40 Source: APK-Inform Views: 194

On March 6, Russia sold 61 thsd tonnes of intervention grains

On March 6, 2013, JSC United Grain Company provided regular exchange trading with intervention grains in the Russian Federation. The intervention fund put up 64.96 thsd tonnes of grains for exchange commodity trading, and sold 61.434 thsd tonnes from the general proposed volume at the general sum of 531.2 mln RUR. In particular, trading volume of transactions included 12.96 thsd tonnes of 3-grade wheat of the harvest-2008 at the sum of 108.9 mln RUR, 16.406 thsd tonnes of 3-grade wheat of the harvest-2009 at the sum of 145.2 mln RUR, 11.205 thsd tonnes of 4-grade wheat of the harvest-2008 at the sum of 107.4 mln RUR, 7.56 thsd tonnes of 4-grade wheat of the harvest-2009 at the sum of 71.1 mln RUR, 4.706 thsd tonnes of 5-grade wheat of the harvest-2008 at the sum of 43.1 mln RUR, 4.86 thsd tonnes of milling rye of the harvest-2008 at the sum of 28.7 mln RUR, 1.08 thsd tonnes of milling rye of the harvest-2009 at the sum of 6.4 mln RUR, and 2.657 thsd tonnes of feed barley of the harvest-2008 at the sum of 20.1 mln RUR.

57 agricultural organizations became the winners of the exchange trading, with which JSC United Grain Company will conclude sale and purchase contracts.

The weighted average prices of the grains sold from the intervention fund were as follows:

- 3-grade wheat of the harvest-2008 – 8343.6 RUR/t;

- 3-grade wheat of the harvest-2009 – 8579 RUR/t,

- 3-grade wheat of the harvest-2011 – 8745.1 RUR/t,

- 4-grade wheat of the harvest-2008 – 9227.9 RUR/t;

- 4-grade wheat of the harvest-2009 – 8716.5 RUR/t;

- 4-grade wheat of the harvest-2011 – 9277.3 RUR/t;

- 5-grade wheat of the harvest-2008 – 9569.6 RUR/t;

- milling rye of the harvest-2008 – 6243.3 RUR/t;

- milling rye of the harvest-2008 – 6200 RUR/t;

- feed barley of the harvest-2008 – 7604.4 RUR/t.

Since the beginning of the public commodity interventions in 2012, the public intervention fund already sold 2.191 mln tonnes of grains on the stock exchange at the general sum of 18.642 bln RUR.

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